Varroc Engineering Limited — Important, 07-03-2025: Updates
07-03-2025 | 04:15 pm
07-03-2025 | 04:15 pm
Varroc Engineering Limited has confirmed the timely payment of interest and partial redemption of principal for its listed debt securities. The company paid an interest amount of ₹4.97 crore on its Secured Rated Listed Redeemable Non-Convertible Debentures with an issue size of ₹250 crore. The interest payment was due on 7th March 2025, and the payment was executed on the same date. Additionally, a partial redemption of ₹15.625 crore was made, reducing the outstanding debt to ₹218.75 crore. This consistent payment track reflects well on the company's financial management and may bolster investor confidence moving forward.
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